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US President Trump Endorses Tariffs Again

2024-12-20OANDAOANDA
President Donald Trump has accelerated the rhetoric on tariffs, saying they are a good bargaining tool in his quest to get better trade agreements. In a Tuesday morning tweet, the president appeared to dig in on his position in the global trade war. Tariffs are the greatest! Either a country which has treated the United […]

President Donald Trump has accelerated the rhetoric on tariffs, saying they are a good bargaining tool in his quest to get better trade agreements.

In a Tuesday morning tweet, the president appeared to dig in on his position in the global trade war.

Tariffs are the greatest! Either a country which has treated the United States unfairly on Trade negotiates a fair deal, or it gets hit with Tariffs. It’s as simple as that – and everybody’s talking! Remember, we are the “piggy bank” that’s being robbed. All will be Great!

The statements comes as Trump has levied $34 billion in targets against Chinese imports and has targeted an additional $16 billion more than will come on line soon. Also, the administration is looking into another $200 billion in targeted duties on a number of Chinese goods.

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